Hedge fund wagers hint at biggest rally of 2011

Speculators boosted their wagers on higher commodity prices for the first time in five weeks as increasing confidence that the global economy will avoid another recession spurred the biggest rally of the year.
Money managers boosted combined net-long positions across 18 US futures and options by 0.2% to 656,691 contracts in the week ended October 11, Commodity Futures Trading Commission data show……………………………………….Full Article: Source